M&T Bank Corp Decreases Holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI)

M&T Bank Corp decreased its holdings in iShares U.S. Medical Devices ETF (NYSEARCA:IHI – Get Rating) by 82.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,583 shares of the company’s stock after selling 7,465 shares during the period. M&T Bank Corp’s holdings in iShares U.S. Medical Devices ETF were worth $86,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of IHI. Meitav Dash Investments Ltd. increased its stake in shares of iShares U.S. Medical Devices ETF by 37.0% in the fourth quarter. Meitav Dash Investments Ltd. now owns 1,449,640 shares of the company’s stock worth $76,807,000 after purchasing an additional 391,545 shares in the last quarter. Bessemer Group Inc. purchased a new position in shares of iShares U.S. Medical Devices ETF in the third quarter worth about $9,275,000. Mirabella Financial Services LLP increased its stake in shares of iShares U.S. Medical Devices ETF by 54.3% in the first quarter. Mirabella Financial Services LLP now owns 520,207 shares of the company’s stock worth $31,977,000 after purchasing an additional 183,059 shares in the last quarter. Jane Street Group LLC increased its stake in shares of iShares U.S. Medical Devices ETF by 4,871.5% in the second quarter. Jane Street Group LLC now owns 185,734 shares of the company’s stock worth $9,369,000 after purchasing an additional 181,998 shares in the last quarter. Finally, FinDec Wealth Services Inc. purchased a new position in shares of iShares U.S. Medical Devices ETF in the fourth quarter worth about $6,810,000.

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iShares U.S. Medical Devices ETF Stock Down 0.6 %

IHI opened at $53.79 on Wednesday. The firm has a 50-day moving average price of $54.93 and a 200-day moving average price of $53.67. iShares U.S. Medical Devices ETF has a twelve month low of $46.21 and a twelve month high of $57.24. The company has a market capitalization of $5.98 billion, a price-to-earnings ratio of 27.50 and a beta of 0.85.

iShares U.S. Medical Devices ETF Profile

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The iShares U.S. Medical Devices ETF (IHI) is an exchange-traded fund that is based on the DJ US Select \u002F Medical Equipment index, a market-cap-weighted index of manufacturers and distributors of medical devices in the US. IHI was launched on May 1, 2006 and is managed by BlackRock.

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